Question
QUESTION 10 If a typical VC has raised a $100 million fund but has only made $10 million of investments so far, how much is
QUESTION 10
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If a typical VC has raised a $100 million fund but has only made $10 million of investments so far, how much is its annual management fee (the VC's have a 2% annual management fee and a 20% carried interest)?
$200,000
$100,000
$2 million
$0 (because all of the investments have not yet been made)
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
10th Edition
053875446X, 978-0538754460
